Team Bahrain (#TeamBahrain) is an initiative of His Royal Highness Prince Salman bin Hamad Al Khalifa, the Crown Prince, Deputy Supreme Commander and Prime Minister. It is about Bahrain's agile government working together with the private sector to create bespoke solutions for investors and entrepreneurs looking to base their activities in the Kingdom. The results were on full display at the inaugural Gateway Gulf investor forum in Manama, where projects worth $26 billion were showcased across a range of sectors including technology, real estate, tourism, housing, power, water, transport, public works, and manufacturing.
The Team Bahrain approach applies whether it’s a large multinational looking to invest or a startup with a bold idea needing a supportive environment. Amazon Web Services (AWS) decision last year to base its first Middle East region in Bahrain was evidence of the Team Bahrain philosophy in action. The Kingdom’s business- centred approach and ability to make things happen – including the successful introduction of a Cloud-First Policy across government – were decisive in AWS’s landmark investment, which will deliver enormous benefits to technology- and data-driven businesses across the region. Similarly, numerous different branches of the government worked successfully together to ensure that Mondelez was able to establish its sixth global mega-plant in Bahrain. The $90 million, 250,000 square meters factory of the future has a capacity of nearly 45,000 tons per year and serves as a hub for exports to the Gulf, the Levant, and Africa. Government initiatives have also been at the heart of the creation of the ideal ecosystem for startups and smaller businesses – under the umbrella of Startup Bahrain.
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Content Last Updated: 26 Feb, 2023